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Technology Stocks : Nokia Corp. (NOK)

NOK 6.835

-1.1%

Nov 7 9:30 AM EST

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To: ziploc who wrote (8830)	7/2/2013 9:35:56 AM
From: Eric L	Read Replies (1) of 9255

Burning cash ... Zip, << I'm a bit worried that we are not going to get a preliminary announcement of better than expected results in Q2 >> If you expected such, methinks you will be disappointed now that we know that Nokia's Q2 net cash burn was between €.3 billion and €.8 billion ($.4 Billion to $1 Billion). Hopefully the burn is on the low side of that preliminary estimate, but either way that's a big burn ... exceptionally big if it is on the high side. Cheers, - Eric -

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